Sana Life Science Ltd

Sana Life Science Ltd from Salford UK is a small holding company with an active status, founded five years ago in 2019. Employing fourteen people and holding assets of £909,844, the company operates from a real address and is managed by three directors and one owner. It’s an irregular importer of pharmaceutical products, with just two months of imports recorded, the last in April 2023.

The company’s website, Cannabis Health News, positions itself as the UK’s leading guide to CBD and medical cannabis. It's a content-driven platform, not an e-commerce site, featuring news, health information, case studies, and a directory of clinics and pharmacies. The site’s focus is on providing information and fostering a community around medical cannabis, with contributors and a weekly newsletter. It's a well-designed site, with a lot of content, and a focus on engaging with the audience.

Financially, Sana Life Science Ltd presents a mixed picture. While current assets have increased by a significant 160% to £910,000, net losses have deepened to -£5.1 million—a considerable decline. Bank borrowings have surged by 62%, reaching £5.8 million, and cash reserves have plummeted 92%, leaving just £2,800. Creditors have decreased by 46%, suggesting improved debt management, but the large net loss and depleted cash reserves are concerning. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the substantial equity drop indicates financial pressure. The accounts are unaudited, and no auditor is mentioned, likely due to the company's small size.

Overall, Sana Life Science Ltd appears to be facing financial challenges despite its active status and content-rich website. The company’s irregular import activity and deep net losses suggest it’s burning through money, and the reliance on bank borrowings is a cause for concern. The website, however, is a valuable asset, and its continued success could help the company weather these financial storms.

Registered in England/Wales under the registration number 12257367, with a registered address at M3 5FS, England, Salford, Lopian Gross Barnett 1st Floor Cloister House, Riverside, New Bailey Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.